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Chavez readied for surgery, doctors optimistic CARACAS: President Hugo Chavez' medical team expressed "optimism" on Tuesday as the cancer-stricken Venezuelan president prepared to undergo a fourth round of surgery in Cuba.   Communications Minister Ernesto Villegas said doctors had begun pre-surgery protocols and would operate later in the day in Havana, where Chavez had arrived on Monday after revealing that his cancer had returned.   "The medical team has transmitted its optimism about the success of this operation, which is part of the treatment plan that commandante Hugo Chavez is following to recover his health," Villegas said, in a televised statement.   Ecuador's President Rafael Correa, who visited Chavez on Monday, had earlier said the surgery was already underway, calling it "a very delicate operation."   "He is going through one of the most difficult moments of his life, this dear friend, colleague and Latin American leader, commandante Chavez," Correa said in the border town of Tulcan, Ecuador.   "Truly, he is a historic president and ...

December 21, 2012: People rush to mystic mountain in Serbia as Mayan belief says world will end AYESHA SIDDIQUI   KARACHI: As the days head towards the 21st of December, 2012, theories of the world coming to an end are growing which has seen people moving to Mount Rtanj in Serbia to be safe.   Sources said people who believe in the concept are moving to specific sites to secure themselves from the disaster. People believe the pyramid style mountain is a place with special powers that can save the area from being destroyed hence hotels ...
Global drive in support of Brazil SAO PAULO: A London-based rights group used Human Rights Day Monday to coordinate a global drive in support of the Awa of the Brazilian Amazon, describing them as "Earth's most threatened tribe".   Survival International, a leading advocate for tribal peoples' rights worldwide, sponsored protests in London, Madrid, Paris, Milan, Berlin, The Hague and San Francisco to pressure Brazil to honor its pledge to remove loggers, ranchers and settlers from demarcated Awa territories.   In letters to Brazilian diplomatic ...
Chavez leaves for Cuba for cancer treatment CARACAS: Venezuelan President Hugo Chavez left for Cuba early on Monday for another round of cancer surgery, two days after he said tests showed "malignant cells" had appeared in the same part of the body where he had earlier undergone operations.   Information Minister Ernesto Villegas said Chavez's Havana-bound plane had left Caracas at about 1:30 a.m. (0600 GMT).   On Saturday, Chavez said he would undergo another operation in the coming days.   "Unfortunately, during these exhaustive exams they found ...
Venezuela CARACAS: Venezuelan President Hugo Chavez was poised to return to Cuba on Sunday for more cancer treatment, having spoken for the first time of giving up power if his condition worsens or he dies.   Chavez, 58, who won another six-year term just two months ago having claimed to have beaten the disease, dramatically announced on Saturday night that malignant cells had returned and that he needed surgery.   Treatment is "absolutely necessary," the leftist leader said in a ...
Chavez CARACAS: President Hugo Chavez has named Vice President Nicolas Maduro as the heir of his self-styled socialist revolution should cancer force him out of office. He urged Venezuelans to vote for Maduro in the event of a snap election.   Here are some facts about Maduro:   A former bus driver and trade unionist with Caracas public transport, the mustachioed Maduro, 50, has been foreign minister since 2006 and also was named vice president in October.   As foreign minister, he ...
Chavez suffers cancer recurrence CARACAS: Venezuela's President Hugo Chavez returns to Cuba on Sunday for m ore surgery after a recurrence of cancer l ed him to name a successor for the first time in a sign the disease may force an end to his 14-year rule.   Supporters prepared to gather in city squares across the South American country, shocked and saddened by the news from the 58-year-old socialist leader, who made the announcement in a late-night broadcast on Saturday ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln